AUD/USD failed to move too far in either direction on Wednesday. Australian Trade Balance figures are due early Thursday.US government shutdown has crimped the flow of critical inflation and jobs data.AUD/USD took a breather on Wednesday, churning in … [Continue reading]
FX Today: The US government shutdown and its implications steal the headlines
Further weakness saw the US Dollar (USD) recede to new multi-day lows as investors evaluated the US federal government shutdown, which in turn reignited uncertainty in the global markets ahead of the key US data releases.Here’s what to watch on … [Continue reading]
GBP/USD surges to one-week high as weak ADP data and US government shutdown dent Dollar
GBP/USD climbs to a one-week high, its strongest since September 24, as the US Dollar weakens broadly.The ADP report showed US private-sector jobs fell by 32K in September.S&P Global Manufacturing PMI held steady at 52, while ISM Manufacturing … [Continue reading]
Germany 10-y Bond Auction rose from previous 2.25% to 2.72%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
India HSBC Manufacturing PMI below expectations (58.5) in September: Actual (57.7)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
South Korea S&P Global Manufacturing PMI rose from previous 48.3 to 50.7 in September
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Ethereum Price Forecast: ETH faces rejection near key resistance despite $547 million ETF inflows
Ethereum price today: $4,120Ethereum ETFs saw $547 million in net inflows on Monday, halting a five-day outflow streak.Ethereum exchange withdrawals dominate deposits by over 117,900 ETH, a contrast to cautious signs in the futures market.ETH saw a … [Continue reading]
United States 52-Week Bill Auction declined to 3.54% from previous 3.66%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Silver Price Forecast: XAG/USD rejected at $47.00, hits levels below $46.00
Silver retreated from session lows sub-$46.00 after rejection above $47.00.Precious metals are correcting lower on Tuesday as the US Dollar sell-off stalls.XAG/USD’s bears are pushing against the $46.00 support area at the time of writing.Silver … [Continue reading]
France Consumer Price Index (EU norm) (YoY) came in at 1.1% below forecasts (1.3%) in September
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]